TOKAI CARBON CO.,LTD.
5301・Prime Market・Glass & Ceramics Products
Governance
Company with a Board of Corporate Auditors. As of the filing date, the Board of Directors comprises 8 members (2 of whom are outside directors), and the Board of Corporate Auditors comprises 4 members (2 of whom are outside auditors). Since 2016, the company has established a voluntary Nomination Committee, Compensation Committee, and Risk & Compliance Committee, and added a Sustainability Promotion Committee in 2022. All outside directors attend important meetings as observers, strengthening the oversight function. In FY2025, the Board of Directors met 23 times, with a 100% attendance rate for all members.
Risk Management
The company has established a Risk & Compliance Committee as an advisory body to the Board of Directors, which evaluates and selects material risks—including climate change risk—from the perspectives of likelihood of occurrence and financial impact, and reports to the Board of Directors. In FY2025, deliberations covered the response to a personal information leakage incident, strengthening of security export controls, and consideration of alternative raw material procurement measures from China and Taiwan. A group-wide risk identification framework based on subsidiary management regulations has also been established.
Shareholder Returns
Revised the FY2026 (ending December 2026) annual dividend forecast to ¥40 per share (interim ¥20 + year-end ¥20), an increase from ¥30 in the previous period. The dividend forecast has been revised from the most recently announced figure. No mention of share buybacks in this financial results report.
Dividend Policy
Actual results for FY2025 (ended December 2025) were an annual dividend of ¥30 per share (interim ¥15 + year-end ¥15). The forecast for FY2026 (ending December 2026) has been revised to an annual dividend of ¥40 per share (interim ¥20 + year-end ¥20). This represents a revision from the most recently announced dividend forecast.
ESG
Disclosure conducted in line with TCFD and TNFD. FY2025 GHG emissions (Scope 1+2) totaled 1,909 thousand tCO2e, a 37% reduction versus 2018 (target: 25% reduction by 2030). A biodiversity policy was established in November 2024, with TNFD analysis conducted prioritizing the Carbon Black Business. In human capital, the company achieved a female manager ratio of 3.5% (target: 7% by end of 2029), a male childcare leave uptake rate of 84.2%, and an occupational injury frequency rate of 0.70 (target: 0.80 or below). The rCB (recycled carbon black) regeneration project from used tires is being advanced with support from a GI Fund grant.
Last updated: March 26, 2026